CompuFit Outlet buys portable hard-disks for $490 each and has a rate of markup of...

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Accounting

CompuFit Outlet buys portable hard-disks for $490 each and has a rate of markup of 55% of the selling price. During a sale, it offers a markdown of 80%.

a. Calculate the regular selling price.

b. Calculate the reduced selling price.

Round to the nearest cent

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